Collection societies increased their global royalty collections 1% to $10.91 billion in 2008, according to research from Music & Copyright. However, the publication predicts that the rise this year will be just 0.1% to $10.92 billion. It also claims that the share attributed to authors will reach 30% this year, up from 24.1% in 2006 thanks to the decline in recorded music sales.

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *